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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,235 | $105,866-65.8% | $90,766-60.1% | $134,545-73.1% |
| Participation rate | 27.3% | 78.3%-51.0pp | 75.7%-48.4pp | 81.2%-54.0pp |
| Annual return | -18.99% | -10.99%-8.0pp | -12.16%-6.8pp | 418.37%-437.4pp |
| Employer contribution / active EE | $824 | $3,464-76.2% | $2,922-71.8% | $4,742-82.6% |
| Participant deferral / active EE | $1,388 | $5,217-73.4% | $4,565-69.6% | $6,401-78.3% |
| Admin fee / account holder | $24 | $13,938-99.8% | $8,446-99.7% | $11,431-99.8% |